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Data
is
the
oil
of
the
21st
century,
and
analytics
is
the
combustion
engine.
Les
Rechan,
General
Manager,
IBM
Business
Analytics
said
it
first
in
his
opening
address,
“Data
is
the
oil
of
the
21st
century.”
In
no
field
is
this
truer
than
in
risk
and
financial
services.
Rechan
certainly
wasn’t
... [ + Read more ]

Guest
post
from
David
Clement,
Product
Marketing,
IBM
Business
Analytics
(Follow
David
on
Twitter:
@dwclement)
One
of
the
first
things
I
ask
people
on
the
subject
of
data
is
“What
do
you
want
it
to
look
like?”
I
don't
mean
for
the
question
to
be
complex,
but
I
generally
get
an
odd
look
... [ + Read more ]

I'm
a
sucker
for
anything
related
to
analytics
and
sports.
I’m
also
not
alone.
Ever
since
the
Moneyball
craze,
the
general
populous
is
keenly
aware
of
the
benefits
and
value
analytics
brings
to
the
world
of
baseball.
It’s
hard
not
to
imagine
baseball
without
thinking
about
Michael
Lewis,
Brad
Pitt,
the
... [ + Read more ]

Guest
post
from
Kathy
Konkel,
Product
Marketing
and
GTM
Strategy,
IBM
Business
Analytics
At
one
of
the
recent
IBM
Performance
events,
Paul
DePodesta,
vice
president
of
player
development
with
the
New
York
Mets,
talked
about
his
experiences
working
with
the
Oakland
A’s
Billy
Beane
to
create
winning
teams
and
completely
change
... [ + Read more ]

Guest
post
from
Dr.
Michael
Zerbs,
Vice
President,
IBM
Risk
Analytics
This
month
we
at
Algorithmics,
an
IBM
Company,
released
the
June
issue
of
TH!NK,
our
semi-annual
magazine
exploring
the
world
of
financial
risk
management
with
an
editorial
focus
on
the
space
between
inspiration
and
implementation.
TH!NK
is
an
award-winning
publication
... [ + Read more ]

It
has
almost
become
a
daily
occurrence
when
I
arrive
home
from
work
and
go
through
the
mail
to
find
yet
another
credit
card
offer
from
my
bank,
even
though
I
already
have
a
credit
card
with
that
very
same
bank.
Shouldn't
they
already
know
I
have
one
of
their
credit
... [ + Read more ]

Guest
post
from
Jing
Shyr,
Chief
Statistician
&
Distinguished
Engineer,
IBM
Business
Analytics
It's
the
age-old
question:
why
did
the
chicken
cross
the
road?
With
one
chicken,
the
answer
is
easy
to
compute.
But,
what
if
there
were
millions
of
chickens
crossing
the
road?
And
each
chicken
had
a
mobile
device
and
was
... [ + Read more ]

When
we
last
left
our
friends,
Harriet
and
Christoph
at
the
fictitious
Future
Chips
International,
it
was
apparent
that
trouble
was
brewing.
(See
Part
1
here.)
IT
and
business
are
both
dedicated
to
the
organization,
but
there
have
always
been
preconceived
notions
about
who
owns
the
analytical
process.
For
Christoph
(our
business
... [ + Read more ]

“Ignorance
gives
one
a
large
range
of
probabilities.”
―
George
Eliot
in
Daniel
Deronda
In
the
simplest
of
definitions,
analytics
is
all
about
maximizing
probability.
In
other
words,
how
do
you
use
the
information
around
you
to
gain
a
better
advantage?
For
marketers,
business
analytics
has
become
an
easy
way
... [ + Read more ]

Guest
post
from
Kurt
Peckman,
Program
Director,
IBM
Predictive
Analytics
Spoiler
alert:
If
you
have
never
seen
“2001:
A
Space
Odyssey”
forgive
me
for
spoiling
the
plot,
but
you’ve
had
44
years
to
see
the
movie.
In
2001,
a
space
crew
was
voyaging
to
Jupiter
along
with
HAL
9000,
the
spaceship’s
computer
... [ + Read more ]

Guest
post
from
Kurt
Peckman,
Program
Director,
IBM
Predictive
Analytics
Last
Friday
I
took
a
different
train
into
my
office
here
in
Chicago.
This
particular
station
has
a
diner
located
right
next
door
and
within
steps
of
where
I
would
be
catching
my
train.
They
only
serve
breakfast
and
lunch
and
it
... [ + Read more ]

It's
been
25
years
since
the
iconic
1980s
movie
Top
Gun
hit
the
big
screen,
but
the
message
from
the
movie
is
still
true
today
–
“We
have
the
need,
the
need
for
speed.”
If
you’ve
never
seen
the
movie,
it’s
about
Lt.
Pete
"Maverick"
Mitchell,
played
by
Tom
Cruise,
... [ + Read more ]

You
know
that
feeling
you
get
when
you
surprisingly
find
money
in
a
pocket
of
your
clothes?
There’s
nothing
better.
It's
free
money.
And
according
to
Nucleus
Research,
a
provider
of
investigative
IT
research
and
advisory
services,
that's
exactly
what
business
analytics
is
for
organizations.
In
a
new
report
from
Nucleus,
they
found
... [ + Read more ]

We've
all
turned
into
spooked
ostriches
with
our
heads
stuck
in
the
ground.
As
Matthew
Broderick
eloquently
re-stated
in
a
Super
Bowl
commercial
reprising
his
famous
Ferris
Bueller
role,
"Life
moves
pretty
fast.
If
you
don't
stop
and
look
around
once
in
awhile
you
could
miss
it."
In
the
world
of
... [ + Read more ]

“You're
traveling
through
another
dimension,
a
dimension
not
only
of
sight
and
sound
but
of
data;
a
journey
into
a
wondrous
land
whose
boundaries
are limitless with
business
insight.
That's
the
signpost
up
ahead
—
your
next
stop,
the
Analytics
Zone.”
(Apologies
to
Rod
Serling.)
IBM
today
unveiled
“Analytics
Quotient”
(AQ),
a
measure
... [ + Read more ]